US hits al-Shabab finance facilitators with sanctions

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US hits al-Shabab finance facilitators with sanctions

Treasury’s Office of Foreign Assets Control imposed the sanctions on more than a dozen individuals from Somalia and Yemen who are involved in al-Shabab’s financing operations which in turn use those funds to assist in weapons procurement and recruitment activities.

One member is accused of using digital currency to launder money for the group.

Along with the Treasury sanctions, the State Department on Monday designated five al-Shabab leaders for diplomatic penalties.

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